In the last twelve months, Hical has redefined its business-model to include—along with its growing Magnetics business—a diversified product range. A new vertical is added in our product offering: Electronics Manufacturing Services (which already has an excellent first-set of global customers and is receiving significant investments for expansion.) We have decided to reflect this changed business-model in the name of our company.
The name of our Company 'Hical Magnetics Private Limited' has been changed to Hical Technologies Private Limited, with effect from 25th July 2006. There is no change in the constitution or ownership of the Company.
Magnetics, in which we have two decades of experience, will continue to be a core offering, indicated by our successful foray into aerospace-grade Magnetics.
